28.74万亿元支出保障有力 去年近九成地区财政收入实现增长
Sou Hu Cai Jing·2026-01-30 22:24

Group 1 - In 2025, the national general public budget revenue reached 21.6 trillion yuan, a year-on-year decrease of 1.7%, while expenditure was 28.74 trillion yuan, an increase of 1% [1] - The overall fiscal revenue in China remained stable, with tax revenue steadily rebounding and key areas of expenditure being well-supported [1][2] - Tax revenue grew by 0.8% in 2025, reflecting a steady upward trend in the economy, while non-tax revenue fell by 11.3% due to a high base from 2024 [1][2] Group 2 - Major tax categories such as value-added tax, consumption tax, corporate income tax, and individual income tax grew by 3.4%, 2%, 1%, and 11.5% respectively, accounting for about 81% of total tax revenue [2] - The growth in consumption tax was primarily driven by increases in cigarette and refined oil taxes, while corporate income tax growth was supported by the manufacturing sector [2] - The securities transaction stamp duty reached 203.5 billion yuan, a significant increase of 57.8%, indicating a strong correlation with market activity [2][3] Group 3 - National general public budget expenditure increased by 1%, with social security and employment, technology, education, and health spending rising by 6.7%, 4.8%, 3.2%, and 5.7% respectively, together accounting for about 42% of total expenditure [3] - Fiscal funds showed a clear trend of investing in human capital, with over 30 million infants receiving childcare subsidies [3] - In 2025, the total expenditure on special bonds and other financial instruments reached 6.19 trillion yuan, an increase of 1.69 trillion yuan or 37.6%, enhancing economic development momentum [3][4]

28.74万亿元支出保障有力 去年近九成地区财政收入实现增长 - Reportify